Which of the Following Is NOT a Reason That Foreign

question 72

Multiple Choice

Which of the following is NOT a reason that foreign exchange markets exist?

• A) to provide for efficient capital exchange between governments.
• B) to exchange purchasing power between trading partners with different local currencies.
• C) to provide a means for passing the risk associated with changes in foreign exchange rates to professional risk-takers.
• D) to accommodate credit extension and delayed payments for goods and services between countries.

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Definitions:

Chemical Digestion

The process through which complex food molecules are broken down into simpler ones by enzymatic actions, making nutrients available for absorption.

Jejunum

The middle section of the small intestine in humans, responsible for nutrient absorption and digestion.

Rugae

The folds in the mucous membrane of the stomach, which allow for expansion as the stomach fills.

Hydrolysis

A process where water is utilized to decompose a specific substance by breaking its bonds.